Production: Industry: Total Industry Excluding Construction for Hungary

Index Eurostat base, Quarterly, Not Seasonally Adjusted

HUNPRINTO01IXEBQ • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

118.83

Year-over-Year Change

6.74%

Date Range

1/1/2000 - 7/1/2023

Summary

The Index Eurostat base, Quarterly, Not Seasonally Adjusted measures the price index for industrial production in Hungary. This metric is a key indicator of economic activity and helps policymakers assess manufacturing sector health.

Analysis & Context

This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.

Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.

About This Dataset

This index tracks changes in prices received by domestic producers for their manufacturing output in Hungary. It is widely used by economists to analyze industrial production trends and monitor the broader health of the Hungarian economy.

Methodology

The data is collected through surveys of industrial producers and calculated using the Laspeyres index formula.

Historical Context

This index provides important context for understanding Hungary's economic performance and is closely watched by government officials, central bankers, and market analysts.

Key Facts

  • Hungary's industrial production index has a base year of 2015.
  • The index is published quarterly and not seasonally adjusted.
  • Tracking this metric helps monitor the strength of Hungary's manufacturing sector.

FAQs

Q: What does this economic trend measure?

A: The Index Eurostat base, Quarterly, Not Seasonally Adjusted measures changes in prices received by domestic producers for their manufacturing output in Hungary.

Q: Why is this trend relevant for users or analysts?

A: This index is a key indicator of economic activity in Hungary and provides important insights into the health of the country's manufacturing sector.

Q: How is this data collected or calculated?

A: The data is collected through surveys of industrial producers and calculated using the Laspeyres index formula.

Q: How is this trend used in economic policy?

A: Government officials, central bankers, and market analysts closely monitor this index to assess the performance of Hungary's economy and inform policy decisions.

Q: Are there update delays or limitations?

A: The index is published quarterly and is not seasonally adjusted, which may limit its usefulness for certain types of analyses.

Related Trends

Citation

U.S. Federal Reserve, Index Eurostat base, Quarterly, Not Seasonally Adjusted (HUNPRINTO01IXEBQ), retrieved from FRED.